May 26, 2011
Two things happened to me when bankers crashed our markets in 2008. 1) For the first time in my life I had some money to invest thanks to an inheritance. I lost 45% of my investments. 2) The depression hit New York State very hard. As a county employee I have witnessed early retirement incentives and layoffs that have reduced the county workforce in order to balance the budget. Those of us that are still working have had to do much more with much less. It galls me to read about banks giving huge bonuses and corporations making huge profits when I know people who have lost their jobs and people whose homes are in foreclosure. Wall Street has ruined people’s lives and yet the very people who caused the collapse of our economy are allowed to continue with their irresponsible and devastating behavior. It is unconscionable.
Thank you for considering my comment,
Martha Scoppa
Liberty, NY